2022.05.18 14:57Nation

大手銀、「人への投資」強化 賃上げ3~4%、教育も充実―22年度


2022.05.18 14:57Nation

Major Japanese Banks Boosting Investment in Human Capital

Major Japanese banks are ramping up investment in human resources amid intensifying personnel acquisition competition, as well as in response to rising prices.
   The country's three megabanks--MUFG Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank--will raise wages in fiscal 2022 by around 3-4 pct from the previous year and boost investment for employee education.
   Ahead of the start of this year's "shunto" labor-management wage negotiations in the country, Prime Minister Fumio Kishida has voiced hope that companies that saw their earnings recover to prepandemic levels would agree to increase wages by over 3 pct.
   Sumitomo Mitsui plans to raise total pay for continued employees by nearly 4 pct and triple education-linked investment to some 2 billion yen at a time when workers with digital and other skills are needed. The bank's investment in personnel on the whole is expected to virtually expand some 5 pct.
   Jun Ota, president of Sumitomo Mitsui Financial Group Inc. , the parent of the bank, has described human capital as "the most important management resource for a financial group."